KSH: earnings grew by 4.1 percent in the first quarter

By: trademagazin Date: 2015. 05. 21. 11:50

At businesses with at least five employees, at financial institutions and at non-profit organizations the gross average earnings increased by 4.1 percent in the first quarter of this year. Without calculating the public employees the increase was 3.0 percent – the Central Statistics Office (KSH) announced on Thursday.

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Net and gross earnings increased by the same extent, so calculating with the 1.0 percent consumer price decline of the first quarter, the growth was 5.2 percent on a national economy level. Without calculating the public employees teh real wage growth in January-March was 4.0 percent, compared with a year earlier. (MTI)

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